Japan?s economy shrinks in latest quarterTOKYO - Japan's economy contracted 0.9 percent in July-September from the previous three months, official data showed Monday, the first dip into negative territory in three quarters.
The data underscore fears about a stuttering post-disaster recovery for the world's third-largest economy which has suffered from the global slowdown and a Tokyo-Beijing diplomatic spat that dragged on exports.
The figures from the Cabinet Office on Monday, largely in line with market expectations, come after Japan's economy remained in positive territory for the past two quarters, after shrinking 0.3 percent in the last three months of 2011.
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